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IPO-Bound Lenskart's Peyush Bansal To Acquire 2% Stake From Investors

India, July 5 -- Omnichannel eyewear retailer Lenskart's cofounder and chief executive Peyush Bansal is reportedly looking to buy back 1.5% to 2% stake in the company from its existing investors at ar... Read More


From Jumbotail To InCred Finance - Indian Startups Raised $315 Mn This Week

India, July 5 -- The funding in the Indian startup ecosystem shot up this week, which also saw the country producing its 124th unicorn in the form of Jumbotail. Overall, twenty one startups raised $31... Read More


Centre To Launch INR 2,000 Cr Drone Tech Incentive Scheme

India, July 4 -- The Centre reportedly plans to launch an INR 2,000 Cr ($234 Mn) incentive programme to boost drone manufacturing in the country. As per Reuters, the incentive scheme will span a peri... Read More


BlackBuck Subsidiary Gets PPI Licence From RBI

India, July 4 -- Listed logistics major BlackBuck parent Zinka Logistics' subsidiary has secured a prepaid paid instruments (PPI) licence from the Reserve Bank Of India (RBI). In an exchange filing t... Read More


Inside Wakefit's INR 1K Cr Biz, InCred Nets INR 440 Cr & More

India, July 4 -- Inside Wakefit's INR 1K Cr Biz Wakefit isn't what it was four years ago. Although a young player in India's entrenched mattress market, the D2C brand has strategically diversified ov... Read More


ArisInfra Shares Surge Nearly 8% After Co Bags INR 100 Cr Order

India, July 4 -- After being on a downward trend since its listing on the bourses, shares of ArisInfra Solutions rose 7.8% to close today's session at INR 172.65. During the intraday trading, the stoc... Read More


Exclusive: Yulu To Raise $8.2 Mn From Cofounders Via Rights Issue

India, July 4 -- Electric mobility startup Yulu is raising INR 70 Cr (about $8.2 Mn) from its cofounders and existing investors via a rights issue. As per the startup's regulatory filings accessed by... Read More


From Mattress To Everything: Analysing Wakefit's INR 1,000 Cr Furniture Biz

India, July 4 -- India's mattress industry, which is usually not in the spotlight, finds itself in a strange new place in 2025. Almost a decade after Sheela Foam, the parent company of popular mattre... Read More


Unpacking Wakefit's Furniture Empire: A Deep Dive Into INR 1,000 Cr Business

India, July 4 -- India's mattress industry, which is usually not in the spotlight, finds itself in a strange new place in 2025. Almost a decade after Sheela Foam, the parent company of popular mattre... Read More


Karnataka Goes All Out To Curb Fake News, But At What Cost?

India, July 4 -- In a country where over 600 Mn people actively use WhatsApp and around 240 Mn use Facebook, social media has become a potent weapon, thanks to the speed at which information spreads a... Read More